BASF partners with RiKarbon on emollients derived from bio-waste
In Germany, BASF said it has signed a partnership contract with RiKarbon Inc., a U.S.-based technology start-up, to exclusively license and commercialize proprietary technology from RiKarbon.
BASF noted that RiKarbon’s patented technology allows the up-cycling of bio-waste into bio-based, biodegradable emollients for the global personal care market.
BASF also said it intends to bring the RiKarbon technology in-house and is planning a market launch of the initial solutions in 2024.
“With this partnership, BASF continues to demonstrate our investment in open innovation and expand our innovative offerings to our customers,” said Robert Parker, Director of New Business Development & Digital Officer, Care Chemicals at BASF. “RiKarbon’s results from laboratory trials are very encouraging and show the potential of innovation for the personal care market,” he added.
Category: Chemicals & Materials
